Bitcoin News / Bitcoinist - 2 years ago
Leading crypto, Bitcoin (BTC), finds itself under the scrutiny of a senior macro strategist at Bloomberg. With a foresight that carries significant weight, this strategist unveils an alarming price prediction, suggesting that the ongoing decline in B...
Bitcoin News / Bitcoinist - 2 years ago
Crypto could be enjoying some boost in price and adoption as the latest report from the Federal Deposit Insurance Corp. showed that deposits of about half a trillion dollars were removed from U.S. banks during the first three months of 2023, sending...
Bitcoin News / Bitcoinist - 2 years ago
Peter Schiff, a well-known figure in the world of finance and a vocal critic of cryptocurrencies, has found himself at the center of a questionable incident on Twitter today. In a brazen attack, hackers targeted Schiff to promote what appears to be a...
Bitcoin News / Bitcoinist - 2 years ago
The Blockchain Association and DeFi Education Fund have filed an amicus brief calling the U.S. Treasury Department’s decision to sanction Tornado Cash “unprecedented and unlawful.” Until OFAC imposed sanctions, Tornado Cash was the...
Bitcoin News / Bitcoinist - 2 years ago
As the crypto industry continues to grow and mature, regulators are continuously taking steps to ensure that the industry is subject to appropriate oversight and regulation. The Commodity Futures Trading Commission (CFTC) has published an advanced n...
Bitcoin News / Bitcoinist - 2 years ago
The Central Bank of Kenya (CBK) is open to the idea of a central bank digital currency (CBDC). Even so, considering the fading allure of CBDCs globally and the availability of alternative payment solutions in the East African nation, the central bank...
Bitcoin News / Bitcoinist - 2 years ago
Circle, the developer of the USDC stablecoin, is set to introduce a native version of its token on the Arbitrum network. The move aims to enhance transaction speeds and improve interoperability within the blockchain ecosystem. Circle has scheduled th...
Bitcoin News / Bitcoinist - 2 years ago
Hashrate Index reported a significant 44% drop in Bitcoin mining profitability, currently at $0.071 TH/s per day, over the past 12 months. Also, miners have seen an 82% decrease since the crypto market boom in late 2021. But amidst this significant d...
Bitcoin News / Bitcoinist - 2 years ago
XRP has resumed its bullish trend after Ripple locked 900 million tokens in escrow. This new development has triggered a rapid shift in the momentum of the cryptocurrency, which is now one of the best performers in the last week. Ripple Moves 900 Mil...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the current Bitcoin cycle is the first one in the history of the cryptocurrency to deviate from an established pattern of transaction fees. The Latest Bitcoin Cycle Has Seen Less Cumulative Fees Than The Previous One According to data from...
Bitcoin News / Bitcoinist - 2 years ago
Despite recording small profits over the past few days, Bitcoin has been unable to break above its current range. As the macroeconomic landscape changes, the number one cryptocurrency has been stuck but could see new yearly highs in the coming months...
Bitcoin News / Bitcoinist - 2 years ago
Nigeria’s history with crypto has been a bittersweet one where the citizens have embraced digital assets with open arms but the government remains vehemently against it. This resulted in a ban on cryptocurrencies in the country where citizens have be...
Bitcoin News / Bitcoinist - 2 years ago
In a shocking turn of events, another crypto founder and Bitcoin millionaire has been found dead. John Forsyth, early Bitcoin proponent and founder of Onfocoin, has been found dead after missing for over a week. The Circumstances Around Forsyth’s Dea...
Bitcoin News / Bitcoinist - 2 years ago
As of June 1, there are $83.23 billion of USDT in circulation, CoinMarketCap (CMC) data shows. In the past, there has been a direct correlation between the circulating supply of Tether and rapid Bitcoin and crypto price expansions. USDT Circulating...
Bitcoin News / Bitcoinist - 2 years ago
In the always on and actively moving cryptocurrency market, staying ahead of the curve is paramount to success. For those seeking to gain an edge in crypto trading, look no further than the CoinChartist (VIP) Premium Substack Newsletter and the newly...
Bitcoin News / Bitcoinist - 2 years ago
Circle, a leading digital currency company, has launched a new version of its USDC stablecoin on the Arbitrum network. The new native version of USDC is set to replace the Ethereum-bridged version of USDC that has been circulating until now and is ex...
Bitcoin News / Bitcoinist - 2 years ago
Gemini, the popular cryptocurrency exchange founded by the Winklevoss twins, announced its intention to obtain a cryptocurrency service license in the United Arab Emirates (UAE). This move marks Gemini’s expansion into the Middle East market an...
Bitcoin News / Bitcoinist - 2 years ago
German telecommunications giant Deutsche Telekom has announced its support for the Polygon Blockchain infrastructure, becoming a validator on the Polygon network. Deutsche Telekom’s subsidiary, Deutsche Telekom MMS, will provide staking and val...
Bitcoin News / Bitcoinist - 2 years ago
A Bloomberg report revealed that the American investment bank, TD Cowen, has shut down its crypto asset unit. According to the report, Cowen Digital will pack up by June 1, which will be the last day for its team. There’s no explanation for the...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the Ethereum average transaction fees have dropped by almost 70% since early May. Here’s what it may mean for the asset. Ethereum Average Transaction Fees Has Sharply Declined Recently According to data from the on-chain ana...
Bitcoin News / Bitcoinist - 2 years ago
As rumors swirl and speculation mounts, Binance, one of the world’s largest cryptocurrency exchanges, has forcefully denied allegations of a 20% staff cut. The exchange’s CEO, Changpeng Zhao, took to Twitter to address the issue, dismissi...
Bitcoin News / Bitcoinist - 2 years ago
As cryptos continue to gain traction in the online gambling industry, Bitcoin has emerged as the top choice for many players. In this article, we delve into the topic of Bitcoin gambling and help you choose where to play and how to maximize your prof...
Bitcoin News / Bitcoinist - 2 years ago
Dogecoin (DOGE) experienced a surge in daily transactions during the month of May, according to data from IntoTheBlock. Despite this notable achievement, the journey for the meme coin has been an up-and-down experience, with the coin not quite reflec...
Bitcoin News / Bitcoinist - 2 years ago
Crypto has become entangled in a contentious web, with US Senator Elizabeth Warren shedding light on a potential connection between digital asset payments and Chinese companies involved in supplying precursors for the deadly opioid fentanyl. Concern...
Bitcoin News / Bitcoinist - 2 years ago
MakerDAO, a decentralized money market on Ethereum for users to borrow and lend assets, including ETH, spends $27.66 million annually to keep the protocol running, DeFiLlama data on May 31 shows. This sum of money is utilized to cover expenses such a...
